Gross value added at basic prices (GVA) in Kuwait
Kuwait: Gross value added at basic prices (GVA) was 46.31 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Kuwait, 2010–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Kuwait is 46.31 billion constant LCU, measured in 2025. That is the highest value across all 16 years on record.
The figure is up 2.6% on the previous year and up 8.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Kuwait peaked at 46.31 billion constant LCU in 2025 and was at its lowest, 35.80 billion constant LCU, in 2010.
Kuwait ranks 146th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Gross value added at basic prices (GVA) in Kuwait, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 35.80 billion constant LCU | — |
| 2011 | 39.51 billion constant LCU | +10.4% |
| 2012 | 42.49 billion constant LCU | +7.5% |
| 2013 | 42.75 billion constant LCU | +0.6% |
| 2014 | 43.15 billion constant LCU | +0.9% |
| 2015 | 42.76 billion constant LCU | -0.9% |
| 2016 | 44.02 billion constant LCU | +3.0% |
| 2017 | 42.27 billion constant LCU | -4.0% |
| 2018 | 43.38 billion constant LCU | +2.6% |
| 2019 | 44.37 billion constant LCU | +2.3% |
| 2020 | 42.48 billion constant LCU | -4.3% |
| 2021 | 43.42 billion constant LCU | +2.2% |
| 2022 | 46.09 billion constant LCU | +6.2% |
| 2023 | 45.51 billion constant LCU | -1.3% |
| 2024 | 45.13 billion constant LCU | -0.9% |
| 2025 | 46.31 billion constant LCU | +2.6% |
Kuwait compared with similar countries
- Kuwait's 46.31 billion constant LCU is below the median for high income countries, which is 270.55 billion constant LCU, 17% of the median. (70 countries reporting)
- Kuwait's 46.31 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 732.44 billion constant LCU, 6% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 42.05 billion constant LCU | 35.80 billion constant LCU | 44.37 billion constant LCU | 10 |
| 2020s | 44.82 billion constant LCU | 42.48 billion constant LCU | 46.31 billion constant LCU | 6 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Kuwait?
- Gross value added at basic prices (gva) in Kuwait was 46.31 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Kuwait?
- The highest recorded value was 46.31 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Kuwait?
- The lowest recorded value was 35.80 billion constant LCU in 2010.
- How does Kuwait rank for gross value added at basic prices (gva)?
- Kuwait ranks 146th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Kuwait?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.